Fagor is part of the Mondragon Corporation, which is a group of cooperatives and native Basque companies currently spread across the rest of Spain and the five continents. It is the leading business group in the Basque Country and the tenth in Spain as well as the largest cooperative in the world.Among the business projects carried out by the Mondragon Corporation, one of the main is the building of an industrial estate in China, near its economic capital, Shanghai, although this internationalization process had spread before to other countries such as France, Mexico and Brazil and more recently India (with implementation in the industrial park Shirwal, Pune), the United States and Saudi Arabia. In fact, in 2012, 69% of total sales came from international business that employed a total of 14,000 workers. In 2013, Mondragon abroad sales increased by 6.7% to 3.401 million Euros generate...Read more
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